2024-10-15T17:50:31-05:00 2023-12-31 450250958 EIDE BAILLY LLP 2901 N ASHTON BLVD STE 200 LEHI UT 840435496 990EZ 2023-01-01 853368401 INTERMOUNTAIN ATHLETE DEVELOPMENT FOUNDA INTE 8014926092 2654 E WATER WHEEL CT HEBER CITY UT 84032 WESTON L WATKINS PRESIDENT 8014926092 2024-10-15 1 1 JOSHUA ROWLEY CPA P00627044 8015056406 2024-10-15 2023 2024-10-15 13:58:12Z X N/A X X 10000 X 10000 10000 7031 10 42654 49695 -39695 53418 0 13723 X 53418 8137 0 5586 53418 13723 0 0 53418 13723 X TO TEACH, EDUCATE, AND PROVIDE UNIQUE ACCESS TO THE SPORT OF RACING FOR YOUTH AND YOUNG ADULTS. THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY AT LARGE AND THOSE WHO DIRECTLY AFFILIATE WITH THE FOUNDATION. THIS INCLUDES TEACHING A HISTORY OF RACING AND AUTOMOBILES; ENCOURAGING TEAM WORK AND A SENSE OF COMMUNITY THROUGH COLLABORATION WITH OTHER PROGRAMS; AND COACHING PROPER DRIVING TECHNIQUES AND COMPETITION. IT IS DEDICATED TO LIFTING THE SPIRITS AND CREATING OPPORTUNITIES OF INSPIRATION FOR CHILDREN THROUGHOUT THE INTERMOUNTAIN WEST BY PROVIDING THEM WITH UNIQUE ACCESS TO EVENTS AND TRAINING THAT WOULD NOT BE AVAILABLE TO THEM DUE TO THE HIGH COSTS ASSOCIATED WITH THE SPORT. SPECIFICALLY THE FOUNDATION SUPPORTS HANDS-ON EDUCATION AND SAFETY PROGRAMS, RECOGNIZES EXCELLENCE IN AUTOMOTIVE ENGINEERING EDUCATION AND PROMOTES AMATEUR AUTO-RACING. THE FOUNDATION, IN COOPERATION WITH UTAH MOTORSPORTS CAMPUS, WILL TEACH AND EDUCATE YOUTH AND YOUNG ADULTS IN HOW TO PARTICIPATE IN AMATEUR RACING. AS PART OF ITS EDUCATIONAL PROGRAMMING, THE FOUNDATION MAY OWN ONE OR MORE VEHICLES AND OPERATE OR SUPPORT A TEAM. PARTICIPANTS WILL LEARN HOW TO OPERATE SUCH A PROGRAM AND THE SKILLS, DRIVE AND AMBITION NECESSARY TO SUCCEED IN LIFE. 0 40916 40916 REBECKAH G WATKINS SECRETARY 0.50 0 0 0 IAN LACY TREASURER 0.50 0 0 0 WESTON L WATKINS PRESIDENT 0.50 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UT WESTON L WATKINS 2654 E WATER WHEEL CT HEBER CITY UT 84032 8014926092 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 76847 189214 3630 10000 279691 76847 189214 3630 10000 279691 244697 34994 279691 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 738. DESCRIPTION: OTHER EXPENSES. AMOUNT: 6,293. TOTAL TO FORM 990-EZ, LINE 14: 7,031. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 2,767. DESCRIPTION: INSURANCE. AMOUNT: 448. DESCRIPTION: TRAVEL. AMOUNT: 2,486. DESCRIPTION: PARTS. AMOUNT: 9,194. DESCRIPTION: LABOR. AMOUNT: 10,059. DESCRIPTION: TRACK SUPPORT. AMOUNT: 17,700. TOTAL TO FORM 990-EZ, LINE 16: 42,654. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,586. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.